Investing in Health | January 25, 2023

Breathe Well-being raises 500 million rupees for diabetes care and prevention

Roodgally Senatus
ImpactAlpha Editor

Roodgally Senatus

ImpactAlpha, January 25 — Gurgaon-based health tech startup Breathe Well-being offers digital coaching in behavioral and lifestyle changes that are helping more than 10,000 Type 2 diabetes patients in India control their blood sugar levels and get off medications.

Accel Partners, General Catalyst and other investors backed Breathe Well-being’s $6.1 million pre-Series B round to help the company reach its goal of reversing diabetes for one million Indians by 2025. India is expected to have 100 million diabetics by 2030.

Accel’s Radhika Ananth said Breathe Well-being is “a household name for Type 2 diabetes and pre-diabetes across tier two and three.” 

Global health inequality

Diabetes, a preventable and manageable chronic illness, is increasing in many developing countries, costing governments billions in medication and hospitalization expenses.

In Mexico, where Type 2 diabetics are expected to double in number by 2050, Clínicas del Azúcar is helping low-income diabetics manage their disease more proactively and cost-effectively.